Tech Company M&A Transactions
Cord Project Acquisition
Cord Project, operating out of Brooklyn, was bought by Spotify. What Spotify paid for Cord Project was not provided.
Transaction Overview
Company Name
Acquired By
Announced On
1/22/2016
Transaction Type
M&A
Amount
Unknown
M&A Terms
The acquisition supports Spotify's strategy of building a great experience for music fans. Both teams will join Spotify's product development organisation, where they will further boost Spotify's existing strengths in developing engaging and innovative music experiences. Financial terms of the transaction were not disclosed by the companies.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
240 Kent Avenue
Brooklyn, NY 11249
USA
Brooklyn, NY 11249
USA
Phone
Website
Email Address
Overview
Cord is incredibly simple, incredibly fast voice messaging that lets you chat with one friend or shout to a whole group of friends. Cord is a whole new way to talk on your phone again.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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